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  • Shoppers Stop allots Rs 179.26-cr shares to Amazon

    13 January, 2018 10:10 AM 31

    Retail chain Shoppers Stop today said it has allotted 5 per shares worth Rs 179.26 crore to NV Investment Holdings LLC, an investment arm of According to a BSE filing by the company, it has issued of 43,95,925 equity shares of Rs 5 each at a price of Rs 407.78 per equity share, aggregating around Rs 179.26 crore, to Amazon

  • Valiant Communications' board meeting on February 9, 2018

    13 January, 2018 6:49 AM 26

    Please be informed that a meeting of the Board of Directors of the Company will be held on Friday, February 9th 2018 at the registered office of Company, inter alia, to consider and approve the Un-audited Financial Results (Reviewed) for the quarter and year to date for the period ended on December 31st 2017. Further, the Trading Window of the Company

  • Information and broadcasting ministry plans to merge film units

    13 January, 2018 6:40 AM 25

    The information and broadcasting (I&B) ministry plans to merge its various film units, a move aimed at realigning its resources to enhance efficiency, an official said. The initiative is seen as part of ongoing restructuring process at the ministry. Last month, the ministry had integrated its three departments -- Directorate of Field Publicity (DFP)

  • HDFC finalises plan to raise Rs 13,200 crore via QIP and preferential issue

    13 January, 2018 6:05 AM 31

    HDFC board has approved to raise Rs 11,301 crore by issuing 6.43 crore shares at Rs 1,726.05 per share to investors. Housing Development Finance Corporation or HDFC's committee of directors in a meeting held on Saturday approved to the "issuance of 6,43,29,882 equity shares if Rs 2 each of the Corporation on a preferential basis", HDFC said in a release

  • Reliance Alternative Invst Fund sells 8.5 lakh shares of Butterfly Gandhimathi Appliances

    13 January, 2018 4:24 AM 25

    Standard Chartered Mutual Fund bought 3,00,000 shares of Butterfly Gandhimathi Appliances at Rs 579.99. On January 12, 2018 IDFC Mutual Fund bought 1,00,000 shares of Butterfly Gandhimathi Appliances at Rs 580 on the NSE. Also, Kacholia Ashish bought 1,52,404 shares at Rs 580 and Standard Chartered Mutual Fund bought 3,00,000 shares at Rs 579.99. However

  • Societe Generale buys 25 lakh shares of Gayatri Projects

    13 January, 2018 4:22 AM 33

    UBS FD Mgnt Switzerland AG on behalf of UBS CH EQTY FD-Emerging A bought 70,00,000 shares of Gayatri Projects at Rs 208 On January 12, 2018 Afrin Dia sold 70,00,000 shares of Gayatri Projects at Rs 208 on the BSE. Also, UBS FD Mgnt Switzerland AG on behalf of UBS CH EQTY FD-Emerging A bought 70,00,000 shares at Rs 208. On Friday, Gayatri Projects ended

  • Prefer Motherson Sumi Systems, says Ashwani Gujral

    13 January, 2018 4:14 AM 28

    Ashwani Gujral of is of the view that one may prefer Motherson Sumi Systems. Ashwani Gujral of told CNBC-TV18, "All these carbon and graphite stocks, I do not know how sustainable this is because it appears to me like a cyclical story. At some point, if this is the kind of demand, supply will come. China will come back on line, etc. Phillips

  • Taxmen knock at Uber’s door for TDS ‘violation’

    12 January, 2018 4:51 PM 30

    Total tax burden may be in the range of ₹35-40 crore The Income Tax (I-T) Department on Friday surveyed the office of online cab aggregator Uber for alleged violation of Tax Deducted at Source (TDS) norms. Sources in the department said Uber’s office at Phoenix Market City in Kurla was surveyed after it was suspected that the company had not deducted

  • Sebi slaps Rs 4 lakh fine on former ING Vysya Bank official

    12 January, 2018 4:27 PM 43

    arkets regulator Sebi today imposed a penalty of Rs 4 lakh on a former official of ING Vysya Bank for disclosure lapses. The order has come following an inspection conducted by the Securities and Exchange Board of India (Sebi) of trading in the shares of ING Vysya Bank for the period from August 2011 to May 2013. Upon inspection of the trading details

  • OnePlus introduces Switch app to simplify data migration between phones

    12 January, 2018 4:07 PM 35

    While data transfer apps are common on Google's Play Store, very few offers features such as call logs, messages along with photos, videos, etc. OnePlus has recently announced a data transfer app called the OnePlus Switch to simplify data transfer between Android devices. The app joins a long list of data transfer apps which are already present on Googleâ